No Joke: Housing Market Is On Its Own April 1

by Chris Arnold, NPR

A Federal Reserve program designed to help the mortgage market ends Wednesday. Following the 2008 financial crisis, the Fed plunged into the mortgage-backed securities market. Its goal was to help get credit flowing and hold down interest rates. Starting April 1, that market will be expected to stand on its own again. Would-be home buyers are hoping the change won't nudge interest rates higher.

Broadcast Dates

• Morning Edition, March 31, 2010